Over half of central banks employ strategic progress monitoring tools
Just a quarter of jurisdictions evaluate success with external means
More than half of central banks monitor progress towards their strategic plans with performance management systems and dashboards, the Strategic Planning Benchmarks 2025 find.
Twenty-two (55%) of 40 central banks that answered the question indicated use of monitoring tools in their jurisdictions.
A few central banks also make use of external evaluations to gauge the success of strategic plans, but the practice only applies in a quarter of institutions.
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More on Strategic Planning
Strategic Planning Benchmarks 2025 Charts
Take a deep dive into the Strategic Planning Benchmarks charts, which have just been released for 2025.
Most central banks gauge strategic plans with KPIs
Respondents reveal KPI use cases in operations and compliance with mandate
Central banks rate strategic plan visibility and authority highest
Resourcing tends to be somewhat more challenging across jurisdictions
Third of central banks link staff remuneration to strategic plan
Strategic planners are paid $40,000 on average per year
Strategic plans widely integrated into staff annual reviews
Staffing averages just under five persons in strategic planning units
Strategic control often operates on quarterly cycle
Banks with centralised strategic planning also tend to centralise strategic control
Governing boards approve majority of strategic plans
Departmental heads widely assigned implementation duties
Three in four central banks use dedicated strategic units
Units typically have a direct reporting line to the governor